Business

eBay will roll out new augmented reality features this year to make buying and selling goods on the website more engaging, and is exploring a credit program for sellers to encourage them to keep their money on the platform, according to Bloomberg.

Qualcomm’s board said discussions with Broadcom failed to persuade the chipmaker to sign off on a $121 billion takeover offer, making it more likely shareholders will get to decide on the fate of the deal, according to Bloomberg.

Seeking a bigger role in defining the future of connected mobility, Asia’s biggest automaker Toyota is investing an additional 7.5 billion yen ($68.6 million) into Japan Taxi, a cab-hailing app run by Ichiro Kawanabe, a taxi industry insider, according to Bloomberg.

Qualcomm said its board will convene to discuss the next steps on Broadcom’s $121 billion acquisition offer after a meeting with its hostile suitor, giving no indication of whether the two chipmakers are closer to agreeing on the largest deal in the history of technology, according to Bloomberg.

It’s increasingly likely Toshiba will miss a March deadline for closing the sale of its memory chip business. That could turn out to be $4 billion worth of good news for the Japanese conglomerate, according to Bloomberg.

Uber had a painful 2017, but the business managed to grow. According to Bloomberg, adjusted net revenue last quarter increased 61 percent to $2.22 billion from the same period in 2016. Meanwhile, the total value of fares grew to $11 billion that quarter.

Last week, Huawei held a Pre-MWC 2018 Media and Analyst Briefing in London, during which the company called on all industries to work together and go beyond traditional boundaries in the areas of capabilities, connections, business, experience, and partnerships for a fully-connected, intelligent world.

Google is working on an overhaul of its Android mobile software for a new generation of smartphones mimicking Apple’s controversial new "notch" at the top of the iPhone X, according to Bloomberg, citing people familiar with the matter.

Broadcom has lined up as much as $106 billion of debt financing to back its proposed acquisition of Qualcomm, winning what would be the biggest corporate loan on record at a precarious time for credit markets, according to Bloomberg.

Croatian company Hangar18 eill present its line of NOA smartphones for the second year in row at Mobile World Congress in Barcelona. At this year's MWC, Hangar18 will present its new models from the „N“ series.

The 4YFN Awards 2018, the mobile startup competition that will be held at 4YFN Barcelona, are searching for the most disruptive project during this year’s edition and have already selected 10 startup finalists from over 300 participants, spanning over 75 cities in 25 countries worldwide.

SoftBank’s Masayoshi Son unveiled plans for an initial public offering of his domestic telecom operation, signaling the evolution of his business empire and his increasing focus on investments in startups such as Uber, according to Bloomberg.

Broadcom said its $121 billion acquisition proposal for Qualcomm is the “best and final” offer after the target’s board unanimously rejected the sweetened bid, likely leaving the future of the hostile takeover bid to be decided by shareholders next month, according to Bloomberg.

Uber agreed to give Waymo about $245 million in closely held stock to cut short a trade-secret theft trial, ending a high-stakes conflict that already cost the ride-hailing giant its top driverless car engineer and threatened to further embarrass the company, according to Bloomberg.

Twitter soared the most since its market debut in 2013 after it posted the first revenue growth in four quarters, driven by improvements to its app and added video content that are persuading advertisers to boost spending on the social network, according to Bloomberg.

Nvidia said demand for graphics chips from its main video gaming market, cryptocurrency miners and data-center owners propelled sales higher than projected in the current quarter, according to Bloomberg.

Qualcomm’s board unanimously rejected a higher acquisition offer from Broadcom, likely leaving the future of the hostile $121 billion proposal to be decided by shareholders next month, according to Bloomberg.